There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought and ...
Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...
Find out how the underground or shadow economy can affect the accuracy of the calculation of a country's gross domestic ...
U.S. 2025 Q3 GDP surprised at 4.3%, well above the 3.3% consensus and Atlanta Fed 'GDPNow' estimates. Net exports normalized after prior distortions from pre-tariff import surges and subsequent ...
At its core, GDP is a simple accounting identity. The Bureau of Economic Analysis defines it as the sum of consumption (C), investment (I), government spending (G), and net exports (NX). The formula ...